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Income & Estate Tax Planning

Client Centered

One of the essential parts of your financial life should be proactive tax management on all your investments. Tax planning is optimizing strategies and efficiencies for individuals, investments, and business decisions to minimize tax liabilities. To do that, we look at the assets you have and evaluate the most advantageous way to position these assets to reduce taxes. Once the tax is paid, you and your family have lost that capital forever.

There are many ways this evaluation is done and numerous points to consider; these include:

  • Wash sales
  • Tax-exempt investments
  • Timing gains, losses, and income
  • 1031 exchanges
  • Qualified dividends
  • Tax-deferred investing
  • Understanding mutual fund taxation
  • Tax deduction planning 

Read: Four Tax Questions Answered

There are certain life events, such as retirement, that come with unique tax considerations. You may be in a lower tax bracket when you retire than you were in your working years. What if you remain in a high tax bracket? All of the examples above and other opportunities can help mitigate tax liability, and we can help you find beneficial solutions. 

Estate Tax Planning

Estate Tax Planning

You have worked a lifetime to build a legacy, now quite suddenly, your estate could be reduced by half and distributed to others in a manner you never intended because of a lack of planning.

Transferring your wealth, during life or at death, may cause you to incur federal taxes—and possibly additional state taxes. These taxes include gift, estate, income, transfer, and inheritance taxes. You can help protect the assets you transfer from excessive depletion by understanding these taxes and the various strategies you can use to minimize them.

Estate planning is a crucial exercise because it may help you achieve several things, including minimizing estate taxes, maximizing the amount of wealth you transfer to beneficiaries, distributing assets quickly, and ensuring beneficiaries’ needs are met.

Our systems specialize in projecting future “what ifs” so you have a better ability to visualize opportunities and risks. Estate taxes have been described as voluntary taxes because there are many well-documented ways to minimize them.

At Sedway Financial, we can make sure you know your way around estate taxation.

Additional Resources

A Living Trust Primer

A Living Trust Primer

Living trusts are popular, but their appropriateness will depend upon your individual needs and objectives.
Learn More
Creative Planning

Creative Planning

Comprehensive financial planning draws upon both sides of the brain.

Learn more
Charitable Giving: Smart from the Heart

Charitable Giving: Smart from the Heart

Do you have causes that you want to support with donations?
Learn More

Please call us at (800) 925-2050 or Schedule an Appointment with us today to discuss your situation.

What if you could choose how you paid your financial advisor?

Guardian, its subsidiaries, agents and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation.

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